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Shilchar Technologies has announced a board meeting to seek shareholder approval for issuing bonus shares, proposing a capitalization from reserves. The plan is to issue 1 bonus share for every 2 existing shares held, aiming to boost liquidity and attract more retail investors. The remote e-voting will begin on April 23, 2025, and conclude on May 22, 2025. This initiative may enhance investor sentiment by increasing share affordability and could potentially boost trading activity, presenting a positive outlook for the company’s market presence.